Solana Foundation Launches DvP to Settle Institutional Trades in Seconds
J.P. Morgan helped shape the standard, which lets banks and other institutions settle trades atomically on-chain and cuts settlement from days to seconds.
- On Tuesday, October 6, 2026, the Solana Foundation announced Solana DvP, an open-source API enabling financial institutions to settle delivery-versus-payment transactions atomically on public blockchain infrastructure for the first time.
- Traditional markets rely on clearinghouses and custodians, taking one to two days to settle trades and creating principal risk; Solana DvP compresses these multiple legs into a single atomic transaction where both settle together or neither does.
- JPMorgan, an investment bank, provided decades of settlement expertise to shape the program, ensuring it supports Token-2022 extensions like pausable tokens and enforces requirements for escrow isolation and deadlines.
- Released under the MIT license, the program has passed external security audits and is ready for real funds, allowing institutions to settle trades "atomically on-chain" with finality in seconds instead of days.
- This new standard replaces the patchwork of bespoke smart contracts institutions previously required, aiming to convert one-off tokenization deals into regular business and reduce friction costs for institutional adoption at scale.
28 Articles
28 Articles
PR Newswire
Solana Foundation Launches Solana DvP, an Atomic Settlement Program Built for Financial Institutions
/PRNewswire/ -- Solana Foundation, a non-profit dedicated to the decentralization, growth, and security of Solana, today announced Solana DvP, an open-source...
Solana, one of the largest altcoins in the market, is preparing to launch an open-source program that will allow institutions to complete their transactions in seconds instead of days, making a direct move into corporate finance. A New Move for Corporate Transactions from Solana and JPMorgan! Accordingly, the Solana Foundation is preparing a new open-source payment tool for financial institutions, Solana's Delivery-to-Payment (DvP) program […] S…
The Solana Foundation has announced a new system that aims for banks and other financial institutions to complete securities transactions in seconds. The program, called Solana dVP, aims to reduce the risk that arises from the fact that payment with the delivery of the asset occurs at different times.
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